Automotive

Senate Committee Pressures Tax Credit Rules

A group of vultures is also called a committee. #checkmate politicians.
No items found.

5 Minutes of Fresh Perspective

Reading the daily news doesn't have to suck. Get the email that will make you laugh and keep you informed...for free!
Senate Committee Pressures Tax Credit Rules

The US Senate Energy and Natural Resources Committee has introduced legislation to immediately impose battery sourcing requirements on EV tax credits. 

If passed, the proposal will undo a December announcement by the US Treasury to announce battery guidelines in March. 

The committee expressed concern that pushing the EV tax credit rules back would compromise the goal of reducing the US's reliance on foreign supply chains for critical materials.

Check out more!

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.